For Sale · Multifamily

55 TEDDER STREET, Toronto (Brookhaven-Amesbury)

55 TEDDER STREET, Toronto (Brookhaven-Amesbury), ON M6M4X2

$1.1M total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

96%

About this property

55 Tedder is a spacious legal duplex consisting of a three-bedroom upper unit, a one-bedroom lower unit, garage and driveway parking, shared laundry facilities, an additional private office and a huge backyard! This property offers enormous flexibility and can be instantly converted into a unified single-family home simply by removing the interior doors.The upper unit features a bright, open-concept layout with welcoming living and dining areas, a large kitchen with ample storage, three spacious bedrooms, and a 5-piece bathroom-ideal for comfortable family living. The upper unit also includes interior access to a 1-car garage with a Level 2 EV charger! The lower unit is at ground level and full of light (not a basement)! It offers two separate entrances and no-stairs access, making it especially attractive for multi-generational living or easy stroller access. This unit includes a spacious bedroom, a 3-piece bath, a generous family room, a kitchen with ample dining space, and a walkout to the backyard - perfect for entertaining, relaxing, or enjoying time with family. The common area includes shared laundry facilities and access to a private office space, which can be an attractive add-on to either unit, for additional flexibility. The 4-car driveway provides ample parking space for both units. Conveniently located just steps to Harding Park and minutes to the Humber River trails, you'll enjoy access to green space and outdoor recreation. Everyday essentials, including grocery stores and pharmacy, are within easy walking distance. Commuters will appreciate being only a 5-minute drive to Weston or Mount Dennis Station with access to the Eglinton LRT, GO and UP Express, and a 15-minute train ride to Union Station. Set on a generous 33 x 150 ft lot, this home provides over 2,300 sq ft of well-designed living space suited to a variety of possibilities. A flexible, move-in ready home that truly adapts to your needs and lifestyle. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.14M
Down payment30% · $342K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$39K

Annual cash flow

$-24K

Cash-on-cash

-6.94%

DSCR

0.62

Going-in cap

3.46%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

131,488

Households

45,556

Median income

$92,500

Median age

45.9

Daytime population

178,307

5-yr growth

8.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 55 TEDDER STREET, Toronto (Brookhaven-Amesbury).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.